Board approves investing up to Rs. 65 lakh in Transtech Punjab CBG LLP, acquiring 51% partnership stake
Board approved investing up to Rs. 65 lakh (Rupees Sixty-five Lakh Only) in Transtech Punjab CBG LLP.
- Investment Amount
- up to Rs. 65 lakh (Rupees Sixty-five Lakh Only)
- Stake Acquired
- up to 51% partnership stake of Mr. Amitabh Tandon
- Consideration
- Cash
What the Board approved
The Board of Directors, at its meeting held on 12 October 2026 through video conferencing and other audio-visual means, considered and approved the proposal for investing up to Rs. 65 lakh (Rupees Sixty-five Lakh Only) in Transtech Punjab CBG LLP. The investment is by acquiring up to 51% partnership stake of Mr. Amitabh Tandon, a partner in the LLP. The meeting concluded at 04.15 p.m.
About the target entity
- Transtech Punjab CBG LLP is a Limited Liability Partnership incorporated on 15 April 2024 under The Limited Liability Partnership Act, 2008, with its registered office in Fatehabad, Haryana.
- The LLP is engaged in the business of generation of Compressed Bio-Gas (CBG) and fermented organic manure.
- Capital contribution was Rs. 10,00,000 at incorporation and was increased to Rs. 1,00,00,000 on 1 October 2025 by executing a supplementary agreement.
- Turnover was 1,78,136 in FY 2024-25 and 5,32,35,196 in FY 2025-26.
Deal terms
- Cost of investment: up to Rs. 65 lakh.
- Consideration: Cash.
- Object of the investment: to generate bio fuel such as Compressed Natural Gas etc. by conventional, non-conventional methods including agri biomass waste.
- Governmental or regulatory approvals required for the investment: Not Applicable.
- The disclosure indicates the indicative time period for completion of the investment as post approval of shareholders of the Company.
Related party angle
- The transaction falls within the ambit of related party transactions.
- The investment is in an entity in which the promoter group is interested, and Mr. Amitabh Tandon, a Director of the Company, is also a partner in the target LLP.
- The update states the transaction is at arm's length basis.
What a retail investor can take away
- The Company is taking up to a 51% partnership interest in an LLP that is already generating turnover, with the seller of that stake being a partner who is also a Non-Executive Director of the Company — which is why the transaction is classified as a related party transaction done at arm's length.
- The money involved is up to Rs. 65 lakh, stated as cash consideration, against an LLP whose capital contribution stands at Rs. 1,00,00,000 and whose latest reported turnover is 5,32,35,196.
- The business being invested in — Compressed Bio-Gas and fermented organic manure — is described in the update as the object of the investment, that is, bio fuel generation from agri biomass waste and similar methods.
Also from Globus Constructors & Developers
Board approves investing upto Rs. 65 lakh in Transtech Punjab CBG LLP by acquiring 51% partnership interest
12 Oct 2026
Globus Power Generation to invest up to Rs. 65 lakh for 51% stake in Transtech Punjab CBG LLP
12 Oct 2026
Shareholders approve re-appointment of Abhay Khanna as Whole-Time Director for five years
25 Sep 2026
More numbers
- Investment proposed by the CompanyRs. 65,00,000
- Partnership stake to be acquired51%
- LLP capital contribution at incorporationRs. 10,00,000
- LLP capital contribution after increaseRs. 1,00,00,000
- Turnover FY 2024-25 of the LLP1,78,136
- Turnover FY 2025-26 of the LLP5,32,35,196
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.